Restrictions on Investment Activity of Industrial Enterprises at the Beginning of 2022

Sergey V. Tsukhlo – Head of Business Surveys Department of the Gaidar Institute for Economic Policy, Candidate of Economic Sciences (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The monitoring of investment activity conducted by the Gaidar Institute makes it possible to build a hierarchy of factors constraining the industrial investment optimism in the beginning of 2022. First of all, it signifies that enterprises lack their own funds, then high prices for machinery and equipment followed by high cost of loans and difficulties to get them for long-term purposes, as well as low return on investment.

Key words: Russian industry, investments, financial means, prices for machines and equipment, credits.

JEL-codes: L16, L53, L60.